Thursday, March 12, 2009

Not that he gave Jim Cramer much of a chance to answer for himself, that really wasn't the point. What Jon did here was give voice to the public's anger, rage and frustration. He finally got one of the b@#%ds in his cross-hairs, and didn't let up on him.

Of course the truly, truly sad part is...after a week of this controversy, after the very public dressing down a comedian gave to one of their own, the chances that Wall Street is going to listen and change their ways is damn close to zero.

That means the President is going to have to change their ways for them.

It's time to highlight the importance of regulation; the effort to keep markets healthy and the financial system working. This was an effort largely abandoned by the previous Administration, due to a slavish devotion to an ideology based on unrestricted markets, and laissez faire capitalism.

We see where this has gotten us.

In the coming months, there is a possibility that your bank, whereever you may live, no matter how big or strong you think it may be, may fail. What do you do then?

If it's FDIC Insured...you do nothing. You don't have to. If you have under $250,000 in deposits, your money is safe.

The first time using the White House's new Video system. Sorry I'm late, and fingers crossed.

UPDATE (March 9, 2009. 7:50pm, Pacific): Because of my own (and Dad's) complaints about the speed of the video feed, we are goin' back to YouTube, privacy issues be damned. It's all about the speed, baby.

What this Blog is About

Fort McHenry defended Baltimore, Maryland (my home state) from the British Navy during the War of 1812. Francis Scott Key wrote "The Star Spangled Banner" while a prisoner on a British ship. The "rockets red glare" and "bombs bursting in air" were bursting over Fort McHenry. I've decided to use this blog as my own "Fort McHenry" for President Obama, using this space to occassionally defend and explain his actions.